Fahmida Khatun, Mustafizur Rahman, Khondaker Golam Moazzem and Towfiqul Islam Khan | 2022-04-13 12:00:00
The national budget for FY2022-23 (FY23) is going to be placed before the National Parliament in the backdrop of a number of unprecedented challenges that reflect Bangladesh's macroeconomic management in the prevailing context. The country is still in the phase...
SIDDIQUE ISLAM | 2022-04-12 00:00:00
Depositing minimum 25-percent cash margin on letter of credit (LC) for all imports, bar some essentials, is now mandatory under a monetary measure meant for easing import-payment pressure on the economy.Officials and economists said the central bank imposed the higher...
Syed Fattahul Alim | 2022-04-12 00:00:00
Since its birth in January 1972, Bangladesh's flag carrier, the Biman Bangladesh Airlines, in short, Biman, has been grabbing the headlines more often than not for the wrong reason. It was mostly for lack of performance-poor customer service, failure to...
Helal Uddin Ahmed | 2022-04-12 00:00:00
The central bank of the country Bangladesh Bank (BB) is entrusted with the responsibility of regulating and controlling the domestic banking sector. As has been the usual practice for decades, the government had never issued any written directives to BB...
Mohammad Mufazzal | 2022-04-11 00:00:00
The move to introduce a commodity exchange advances further, as the authorities concerned are set to formulate the rules and regulations along with identifying products for the exchange.As part of the move, the Chittagong Stock Exchange (CSE) will sign a...
Neil Ray | 2022-04-11 00:00:00
Flash floods are a yearly phenomenon in the haor regions. But the rushing waters inundate the six haor districts usually in late April. This year the calamitous visitation has occurred early April. Is this now becoming a pattern? There is...
DOULOT AKTER MALA | 2022-04-10 00:00:00
Evading payroll taxes is being made difficult for both employees and employers as taxmen start monthly scrutiny of salary payout through electronic tax deduction at source (e-TDS) system, as a measure of enhancing government revenue.Income-tax authority thus moved to boost...
Mohammad Mufazzal | 2022-04-10 00:00:00
Trading on the exchanges' SME board is getting momentum gradually following the rise in the number of listed companies and increased participations from qualified investors (QIs).Trading commenced on the SME board of Dhaka Stock Exchange (DSE) on September 30, 2021...
Asjadul Kibria | 2022-04-10 00:00:00
Zakat is one of the five fundamentals of Islam. It is an obligatory charity for all the Muslims who have the ability to pay and so is an important component of Islamic finance. The ability to pay Zakat is determined...
Rabiul Hossain | 2022-04-09 12:00:00
The portion of a country's debt which is collected from the foreign/external parties is termed as external debt of that country. Generally, debt receiving country takes debt from multilateral lending institutions i.e., World Bank, International Monetary Fund (IMF), Islamic Development...
DOULOT AKTER MALA | 2022-04-09 00:00:00
Foreign organisations in Bangladesh, including UN agencies, are expected to get VAT refund expeditiously as the revenue board's relevant office moves to go digital to end their long wait.Foreign agencies are exempt from value-added tax on local buys, so are...
BABUL BARMAN | 2022-04-09 00:00:00
Stocks plummeted in the outgoing week to Thursday, with jittery investors selling off their shares to skirt further losses amid persistent volatility on the market.Out of the five trading days this week, four sessions suffered losses amid sluggish turnover, as...
Nilratan Halder | 2022-04-09 00:00:00
If unity is the binding force of this universe, contrast and contradictions are there to lend the balancing act. On the only planet so far known to have hosted life, the contradictions are at their most outrageous. Or else, how...
Syed Fattahul Alim | 2022-04-09 00:00:00
As it is getting prolonged, the impact of the Ukraine war on the entire global economy is becoming more pronounced. In fact, in this interconnected and interdependent world, one cannot think of punishing one country without affecting the rest of...
MOHAMMAD MUFAZZAL | 2022-04-08 00:00:00
The Bangladesh Securities and Exchange Commission (BSEC) has sought the scope for investing undisclosed money in the capital market by paying tax at a 10-per cent flat rate.BSEC Chairman Prof. Shibli Rubayat Ul Islam gave the proposal during a discussion...
SIDDIQUE ISLAM | 2022-04-08 00:00:00
Bangladesh's overall trade deficit climbed over US$22-billion mark in the first eight months of the current fiscal year mainly for higher import- payment pressure on the economy, officials say.Besides, the country's current-account balance deteriorated further, hitting an 'all-time high' at...
Nilratan Halder | 2022-04-08 00:00:00
Permanent closure of 14,111 private primary schools in 2020, the first year of the Covid-19 pandemic, is a dire statement but hardly surprising. Prepared by the Directorate of Primary Education (DPE), the Annual Primary School Census (APSC) 2021 further discloses...
DOULOT AKTER MALA | 2022-04-07 00:00:00
The integration of the Bangladesh Road Transport Authority (BRTA) and the National Board of Revenue (NBR) database starts paying off following field-level taxmen's random access to it.The database was streamlined last June to check tax evasion by well-off people having...
Ipshita Maliat Rahman | 2022-04-07 00:00:00
The HULT Prize at BUTEX-2022 was successfully completed on March 25, with Team Neoterics as the champions, and Team Infinity and Team Attention Seekers as the first and second runners-up respectively. The competition at BUTEX (Bangladesh University of Textiles) took...
Hasnat M Alamgir | 2022-04-07 00:00:00
Along Bangladesh's 710 kilometer coastline, several million people from the 14 coastal districts and 49 Upazilas are estimated to depend directly or indirectly on marine fishing for their livelihood-- either for the whole or part of the year. The government's...
SIDDIQUE ISLAM | 2022-04-06 00:00:00
The central bank has pumped over US$4.0 billion into Bangladesh's overheating foreign-exchange market in nearly eight months to check rise in the value of the US currency.Officials say the demand for the greenback has increased following the ongoing Russia-Ukraine war...
DOULOT AKTER MALA | 2022-04-05 00:00:00
Two specialized savings schemes in US dollar are now open for unlimited investment as the government withdraws the cap to forestall any greenback shortage under import-payment pressures.However, officials say, the yields on the US Dollar Premium Bond and the US...
Siddique Islam | 2022-04-05 00:00:00
Fallouts from the Russia-Ukraine war and global commodity-price spiral may stymie Bangladesh's economic growth and also fuel inflation by this fiscal yearend, the central bank forewarns.The Bangladesh Bank (BB) in its latest quarterly economic review report, released Monday, forecasts that...
BABUL BARMAN | 2022-04-05 00:00:00
The government revenue earnings from Dhaka Stock Exchange (DSE) jumped 43 per cent in nine months of the current fiscal year compared to the same period last fiscal, powered by rising trading volume.The government bagged revenue worth Tk 3,256 million...
Syed Fattahul Alim | 2022-04-05 00:00:00
The political situation in Sri Lanka is fast heating up over the violent public protests against acute scarcity of fuel, power, food and medicine. Some infuriated demonstrators burnt vehicles near the private residence of President Gotabaya Rajapaksa. After police action,...
Sultana Afroz | 2022-04-05 00:00:00
The Public Private Partnership Authority (PPPA) is committed to supporting public agencies to deliver public infrastructure services that are required to enhance the development of Bangladesh. Public-Private Partnerships (PPPs) can deliver a solution that provides quality public services to citizens,...
Hasnat Abdul Hye | 2022-04-05 00:00:00
In most of the narratives of the ongoing war in Ukraine, a common refrain that appears in print and electronic media of Europe and America is about its 'civilisational' character. While TV commentators of BBC and CNN repeat ad infinitum...
Neil Ray | 2022-04-04 12:00:00
Sri Lanka has declared a state of emergency following a violent protest outside of President Gotabaya Rajapaksa's residence. Protests followed next day may likely to continue in the face of unbearable belt-tightening. Hundreds of angry protesters gathered in front of...
ISMAIL HOSSAIN | 2022-04-04 00:00:00
The Microcredit Regulatory Authority (MRA) moves to form depositors' safety fund to minimise the risk of losses of small savers in the event of non-payment by any micro-finance institution.However, the MFIs in operation have dissented strongly to the proposal, which...
DOULOT AKTER MALA | 2022-04-04 00:00:00
Price rises on the international market proved a boon for government revenue receipt until February with import-tax collection registering a robust 23-perecnt growth, official count shows.The National Board of Revenue (NBR) achieved an average 15.28-percent growth, year on year, in...
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